Austrian Economics

The Austrian Theory of Value and Capital provides a meticulous account of Eugen von Böhm-Bawerk’s life, his theory of value, capital and interest within the context of 19th century German economic thought and the development of neoclassi...

In Essays on Capital and Interest, Israel Kirzner offers a consistently ‘Austrian’ perspective on the problems of capital and interest theory.

This distinguished book provides a critical assessment of the relationship between economic theory, scientific objectivity and ethics. The main purpose of economic science is to analyse and ‘explain’ the economic process but not necessa...

Property rights lie at the heart of the economic success of any economy and the extent to which its citizens enjoy economic freedom. At a time when Eastern Europe is breaking free from the yoke of collectivist–socialist ideas, this book...